Common use of Organization of the Buyer and Newco Clause in Contracts

Organization of the Buyer and Newco. Each of the Buyer and Newco is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Buyer has delivered to Sellers correct and complete copies of the charter and bylaws of Buyer and Newco (as amended to date). Neither Buyer nor Newco is in default under or in violation of its charter or bylaws.

Organization of the Buyer and Newco. Each of the Buyer ----------------------------------- and Newco is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Buyer has delivered to Sellers correct and complete copies of the charter and bylaws of Buyer and Newco (as amended to date). Neither Buyer nor Newco is not in default under or in violation of any provision of its charter or bylaws.

Organization of the Buyer and Newco. Each of the Buyer and Newco is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Buyer has delivered to Sellers correct and complete copies of the charter and bylaws of Buyer and Newco (as amended to date). Neither Buyer nor Newco is in default under or in violation of its charter or bylaws.

Organization of the Buyer and Newco. Each of the Buyer and Newco is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own and operate its properties and assets and to carry on its business as presently conducted and is qualified to do business and is in good standing as a foreign corporation in each jurisdiction where the ownership or operation of its incorporation. The Buyer has delivered to Sellers correct and complete copies of the charter and bylaws of Buyer and Newco (as amended to date). Neither Buyer nor Newco is in default under properties or in violation conduct of its charter or bylawsbusiness requires such qualification, except where failure to obtain such qualification would not have a Buyer Material Adverse Effect.